News by M

Oriental Holdings Bhd (KL:ORIENT) is buying three hotels in Malaysia for RM411 million in cash from its major shareholder, the Loh family, to expand its domestic hotel portfolio.

Basis Bay has opened the world’s first purpose-built Eco-Green Premium Data Centre in Cyberjaya DC2.

Rapid Synergy Bhd (KL:RAPID) said on Friday it is selling its Teluk Intan commercial property, Rapid Mall Seri Intan & Giant, to Lotuss Stores (Malaysia) Sdn Bhd for RM41 million.

Datuk Seri Chiau Beng Teik has ceased to be a substantial shareholder of LTKM Bhd (KL:LTKM) after trimming his stake in the egg producer to below 5%, a bourse filing on Friday showed.

Johor recorded the strongest property price growth in the third quarter of 2025 (3Q2025), driven by notable increases in both serviced apartment and landed home values compared with 2024.

Mah Sing Group Bhd (KL:MAHSING) has signed a strategic collaboration agreement with MapleHome to introduce professionally managed serviced accommodation at its M Grand Minori development in Johor Bahru.

Paragon Globe Bhd (KL:PGLOBE) (PGB) and United Overseas Bank (M) Bhd (UOB Malaysia) have signed a five-year Memorandum of Collaboration (MOC) on Friday to support green financing, sustainability integration and cross-border investments linked to the Johor–Singapore Special Economic Zone (JS-SEZ).

Builder and property developer Chin Hin Group Bhd (KL:CHINHIN) is partnering with PTT Synergy Group Bhd (KL:PTT) to jointly develop smart warehouses, industrial parks and digital logistics infrastructure.

Sime Darby Property Bhd and SD Guthrie Bhd have agreed to develop a next-generation industrial and logistics hub within a 3,000 acre master development plan in Kuala Selangor, Selangor, through a 50:50 joint venture.

Magna Prima Bhd (KL:MAGNA) announced that its largest shareholders—Datuk Seri Wong Sze Chien and managing director Seah Ley Hong—closed their mandatory takeover offer with a 54.96% stake in the company.